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The company's leader pointed to “very limited manufacturing capabilities for these products” and financial challenges as reasons for its changes.
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Friends For All now serves as a low-to-no-cost full-service health organization, providing wellness, food pantry, and mental health services as well as rapid HIV and STI testing and treatment.
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A real estate developer bequeathed millions to build a new 7,500-square-foot research and patient care facility.
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“We’ve thought of every detail in this project,” said Alisha Hutchens, interim president of Forsyth Medical Center and interim COO of Novant’s Winston-Salem market.
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The financing comes as the business considers the possible sale of assets as part of its transformation.
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In the tough market conditions last year, investors and big pharma companies were more likely to place their bets on later, clinical-stage companies. But local biotech leaders see signs of change in 2025.
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In 2024, Realty Trust Group (RTG) helped health care systems save over $37 million through strategic real estate management. As financial pressures mount, health systems can no longer afford to view real estate as just a cost center — it must be a c
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Greater Philadelphia CEOs ramp up advocacy in Washington, D.C. to stave off health care 'Armageddon'
Their increased trips to the nation's capital come amid an $880 billion proposed cut to the committee overseeing Medicare and Medicaid funding.
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